FINRA

The firm failed to detect one of its registered representatives converting $370,000 in client funds for the rep's own use, according to the regulator.

Regulators should step up their inspections of digital advisers as these tools surge in popularity, the firm said.

The Swiss firm alerted brokers that they may take their disputes to FINRA instead of resolving them in a private forum set up by the company.

The regional brokerage is the latest to incur a penalty for failing to waive fees on Class A shares sold to eligible institutional clients.

The case is the latest related to alleged misconduct by a barred wirehouse broker who was also a nightclub owner.

The adviser was also ordered to pay $300,000 to cover Wells Fargo's legal fees.

Risk aversion is what everyone thinks about first, and getting the lawyers involved is what everyone thinks about second.

Edward Wedbush allegedly failed to supervise mandated regulatory filings.

The adviser, who was ranked in On Wall Street's Top 40 Under 40, is accused of conducting more than $1 million in private security transactions without notifying his employer, Hilliard Lyons.

The regulator sanctioned the brokerage firm for supervisory failures that stretched over a nearly two year period.